1298 Colfax Avenue, Fair Plain, MI 49022

Fair Plain
Local realty services provided by:ERA Reardon Realty
1298 Colfax Avenue,Benton Harbor, MI 49022
$249,900
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: van homes team
Office: exp realty
MLS#:26041256
Source:MI_MICHRIC

Price summary

  • Price:$249,900

About this home

Exceptional investment opportunity with multiple income streams and significant upside potential! This unique property features two separate rental buildings on one parcel. The front building includes two 2-BR, 1-bath apts, with the upper unit currently leased at $900/mo and the lower unit vacant, offering the flexibility to generate additional rental income immediately or occupy the unit yourself. The rear building features multiple bedrooms, 1.5 baths, kitchen & laundry, creating additional income possibilities. Numerous capital improvements have already been completed, including exterior updates & partial roof replacement on the front building, a brand-new roof and updated electrical, furnace, and exterior repairs to the rear building, new sewer line to the street, updated kitchen and bathroom in the upper apartment. Whether you're looking to expand your investment portfolio or capitalize on a property with strong cash-flow potential, this is an opportunity you don't want to miss!

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Home facts

  • Year built:1887
  • Listing ID #:26041256
  • Added:21 day(s) ago
  • Updated:August 29, 2026 at 02:54 AM

Rooms and interior

  • Total bathrooms:2
  • Basement:Yes
  • Basement Description:Slab

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1887
  • Lot area:1.69 Acres
  • Lot Features:Wooded
  • Construction Materials:Brick, Wood Siding

Finances and disclosures

  • Price:$249,900
  • Tax amount:$6,884 (2025)

Parking

  • Total parking spaces:8

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